Only 19 states and the District of Columbia mandate helmet use by all riders. Eight manufacturers represented 81% of all U.S sales in 2015. Fourteen years later, the first production bike was made by Hildebrand and Wolfmuller featuring a two-cylinder engine that produced 2.5 horsepower and topped out at 45 kph. This means northern owners are going to get fewer good riding days compared to southern owners in the US. Harley Davidson continues to keep a 55% market share within the 35+ male rider demographic. The wind in your hair, the open road, and adrenaline make each ride a unique experience. Nothing screams Americana more than a motorcycle that is waiting to conquer the open road. 24. The leading cause was often bikers attempting to overtake each other. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. Some may be using their motorcycle as a way to save on fuel costs. 13. Of these, 53% of motorcycle riders killed in 2018 and 48% of those hospitalised in 2017/2018 were aged over 40. Baby Boomers outnumber Millennials as motorcycle owners at a 4-to-1 ratio. Motorcycles, by their nature, are more vulnerable than most vehicles on the road. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Sales volumes are nearly $1,000 higher per average transaction when owners feel like they’ve had a satisfying experience with their dealer. (The Motley Fool) Harley Davidson continues to keep a 55% market share within the 35+ male rider demographic. After 22% Surge, Does Harley-Davidson Deserve to Be Riding So High? Despite being home to the annual motorcycle pilgrimage of Sturgis, South Dakota sold only 2,620 new bikes in 2015. 71% of motorcycle owners state that they have taken at least one motorcycle training course during their lifetime. 14. 95% of the members in the American Motorcyclist Association are men. I may not be able to respond to every suggestion, but I do read them all! From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors, 29 Powersports Industry Statistics, Trends & Analysis, 34 Motorcycle Industry Statistics, Trends & Analysis, "From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors. And women are big influences when it comes to motorcycle or motorsport purchases as nearly 25 percent of people who swing a leg over a motorcycle are female, including passengers. And fo… Motorcyclists are 29 times more likely to suffer fatal injuries than car passengers. Harley-Davidson (NYSE:HOG) recently unveiled its new Milwaukee-Eight engine that, on the 114 cubic inch high-end model model, has four valves per head and produces over 100 horsepower. Deaths of ATV riders on public roads have increased nearly ninefold since 1982, the first year they were explicitly identified in FARS. Harley-Davidson Spins Off New Electric Bicycle Business, Copyright, Trademark and Patent Information. So what is going on? The industry has grown over the past 132 years serving a much more diverse crowd of riding enthusiasts. They may have tried to trademark the sound their motorcycles make as a way to build their brand, but not even that can save the company if there is one primary customer segment and they go broke. The motorcycle riders involved in accidents are usually without motorcycle safety training. Motorcycle rider training experience reduces accident involvement and is related to reduced injuries in the event of accidents. Cumulative Growth of a $10,000 Investment in Stock Advisor, 12 Motorcycle Statistics That'll Floor You @themotleyfool #stocks $HOG $HMC $PII $BAMXF $YAMHF $SZKMF, Harley-Davidson Narrows Its Electric Motorcycle Vision, but Remains Committed to the LiveWire, Harley-Davidson Hunkers Down as It Axes Factory-Backed Racing Teams, Why Harley-Davidson Stock Jumped 34% in October. 25. Tables updated for 'Vehicle licensing statistics: April to June 2019'. Motorcycle riders face more serious injuries and fatalities than cars. In 2019, the total expenditure on motorcycles in the UK was £599 million. Since 1980, motorcycle ownership among riders aged 40 and over has increased dramatically, from 15.1 percent of all riders in 1980 to 43.7 percent in 1998. 9 % of the accident-involved motorcycle riders involved in accidents in 2018, motorcyclists were 27 times more likely suffer! 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